Hop clarifies feasibility of wind energy project
An industrial joint venture engaged hop to clarify the feasibility of a wind energy project. The project includes the construction of a turbine needed to ensure a stable and sustainable power supply for a new electrolyzer, which will produce green hydrogen starting in early 2025. Such a project involves complex challenges, including logistical, technical, regulatory and environmental aspects.
hop 's approach to energy projects
Following permit applications, hop immediately takes a proactive approach with comprehensive procurement studies, CAPEX/OPEX analyses, business case projections, risk analyses and recommendations.
The procurement study includes a thorough analysis and preparation to select appropriate suppliers and contractors based on detailed specifications and requirements, bids, quality guarantees, experience and compliance. Evaluating risks, time schedules and contract terms is crucial in this process.
A CAPEX analysis provides a detailed evaluation of the capital expenditure required to complete the project. This includes the selection of the type of wind turbine, civil works such as foundations and approach roads, and electrical works such as connection to the power grid. The OPEX analysis describes the costs to keep the turbine operational, including maintenance, repairs, infrastructure management, insurance and permits. This analysis provides insight into the recurring costs for the long-term operation of the project.
hop goes further for sustainable choices
With the tender study and CAPEX/OPEX analyses, hop provides a solid foundation for a successful wind turbine project. hop produces business case projections that analyze financial feasibility, risks and opportunities, and provide concrete recommendations for strategic decisions and optimizations. This supports investors and stakeholders in making informed decisions and maximizes the success and sustainability of the project.
By combining expertise in wind energy projects, comprehensive analysis and a proactive approach, hop enables its clients to profitably realize challenging projects and contribute to a more sustainable future.
